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is that sandy had no substantive effect on the data. here are the numbers. unemployment down to 7.7%. the economy added 146,000 jobs, not great but good. a third of that came from the retail sector. 53,000 jobs added. professional and business services up 43,000. leisure and hospitality up. construction, though, lost 20,000 jobs. we should note that jobs numbers were revise d downward, though, for september and october. in september it was revised from 148,000 gain to 238,000. went from 138,000 to 132,000. this month, the 7.7 is a full point lower than where we were at this time last year. so what are we supposed to make of these numbers and does the november report provide us a real sense of where this recovery is right now? let's bring in the man we like to bring in every month, the chief economist for moody's analytics. mark, i have to start with this sandy impact. the labor department specifically put out a statement saying our survey response rates and the affects ee eed states. it did not affect estimates for november. do you believe that? >> i'm skeptical. i mean, new yorke
president mohammed morsi. >> and hurricane sandy left many people homeless. new reaction from victims furious at relief response and president obama. >> president obama, he said he was going to cut through the red tape. he lied. he says, what do you mean? i said you lied. (car horn) paying with your smartphone instead of cash... (phone rings) that's a step forward. with chase quickpay, you can send money directly to anyone's checking account. i guess he's a kicker... again, again! oh, no you don't! take a step forward and chase what matters. >>. >> heather: two people have died after a bus crash in florida. the doubling decker was carrying 32 members of a church group when it slammed in an overpass. >> people in wyoming say the man involved in a deadly attacks yesterday used a bow and arrow in one of killings. authorities say this christopher krum first stabbed a woman on friday and then went to the college where his father was teaching and shot him with a bow and arrow. he later stabbed and killed himself. >> more than hundred people are waiting to return to home after a train derail
- school, an interfaith vigil for those killed at sandy hook elementary school. earlier, the president met with families of the victims of -- families of the victims and first responders. and also expected tonight at the vigil, conn. governor dannel malloy. in the audience, we have seen senator joseph lieberman and richard blumenthal, and incoming senator chris murphy. he is currently a congressman. new town is in his district. -- newtown, conn. is in his district. a number of them speaking since the shooting happened on friday. ♪ >> you are watching live coverage here on c-span where in newtown, conn. at newtown high school, president obama will be speaking. he has been speaking with family members of victims at the mass shooting at sandy hook elementary school. he wrote his own speech tonight that he is going to be delivering. this is the fourth time president obama has had to travel to visit the victims of a mass shooting. in 2009, their war of the shootings at fort hood, texas. in 2010, the shootings in tucson that when did representative gabrielle giffords. and most recently, the mo
. i am talking about it saying i think it's good for this country. ruth is in sandy hook connecticut. >> good morning, bill. i am calling to say, please keep feeling guilty. >> why? >> because this adorable company does things to make sure that they don't pay taxes in the u.s. there is a thing called -- this was in "the new york times." it's double-dutch sandwich which reduces taxes by routing profits through irish subsidarbs like they are in i think arizona, even when they do things in california they manage to ship a part somewhere else. so they are one of the worst, even worse than wal-mart in terms of what they might have contributed to to. i take it that $24,000,000,000. >> they are avoiding in taxes . >> one little tiny thing, they have had the opportunity over the courses of the years to do things in a much safer way when they manufacture in china and all over the place. >> no. there have been stories about the working conditions in china which is another reason i am glad these jobs are coming here. ruth ruth, you make a good point.
can't think of anything that has scarred the soul of americans than what happened at sandy hook. you have had complete utter silence from republican leaders. on some of these key issues. and so there are americans out there that are thinking okay, wait a second. is this the party of lower taxes, or is this the party of assault weapons and high-capacity magazine clips? is this the party of balanced budgets, or is this the party of contraception wars going back to the primary process? this party has painted itself into an extreme corner by going down all these various rabbit trails that have nothing to do with our core of who we are as a party of small government. and again, i want to just put these numbers up one more time. the cnn numbers that come out, again, on the eve of this disastrous plan "b" vote. i can't think of any time the republican party, my republican party's, been in such disarray since 1974 after richard nixon resigned. what does it all mean? >> well, look. first on the boehner plan "b," i think the conventional wisdom in both parties both before and after they had to
actually dispensed in sandy hook and we learn more about the inordinate amount of fire power that was brought to bear on those innocent children, those are things that are going to continue to keep the momentum alive for doing common sense things like conducting background checks, expanding those and also dealing with high capacity magazines and assault weapons. >> like for so many here, the president said that day in newtown was the worst day of his presidency. i want to switch to another subject here. fiscal cliff. we're talking about here words that are banished. lake superior university puts out a list of banished words this year. numbers one and two this year are fiscal cliff and kick the can down the road. now, regardless of today's outcome is the damage already done for congress? whether they come up with a small deal or not here when it comes to the american people, they've already decided congress is useless. >> well, i think those of us who tried to function over the last couple years in congress have been saying that. we can't figure out who even the 10%, who suppo
have to put that in perspective the sandy supplemental bill started out $60 billion. one storm could wipe out all the savings or. adam: that sandy supplemental bill is 60 billion, 45 billion according to taxpayers for common sense is stimulus spending that doesn't involve the hurricane. dan, i will come back to you after we listen to sound bite from harry reid, senate majority leader commenting on the negotiations today. here is what he said. >> okay. we had a long meeting in the white house. it was very constructive. we hope that it will be bear fruit but that is what we hope ad lot. i think that the next 2 hours will be very instructive what we're able to accomplish. >> was there progress? discussion of a concrete proposal? >> we talked about a lot of things. there is no concrete proposal at this time. we have a number of different directions we'll try to take and we're going to see what can be worked out. >> will you work on a piece of legislation? >> pardon me? >> is it a good sign or bad sign you guys are not talking much after this meeting?. >> i hooe everything is a good sign.
happened at sandy hook elementary does not happen again. ultimately, the way this is going to happen is because the american people say, that's right. we are willing to make different choices for the country and we support those in congress who are willing to take those actions. and will there be resistance? absolutely, there will be resistance. and the question then becomes whether we are actually shook up enough by what happened here, that it does not just become another routine episodes where it gets a lot of attention for a couple of weeks and then it drifts away. it certainly won't feel like that to me. this is something that -- you know, that was the worst day of my presidency and it's not something that i want to see repeated. >> let me ask you about a couple of foreign policy notes. after the attack in benghazi, is there a need for more accountability this doesn't happen again and do you know who was behind the attack at this point? >> two points. number one, i think tom pickrick and mike mullen who headed up the review board did a very thorough job in identifying what were s
. could have something to do with superstorm sandy. weak in yesterday's third quarter gdp report. profits, and these are the broadest gdp profits, covering about 5 million large and small companies really came in pretty good in the third quarter. up 9% from a year ago. so even though business looks weak, good profits could be the backbone of the stock market despite the hysteria of the fiscal cliff. let's talk to don -- for all th hysteria, profits are rising, the economy has got pluses and minuses. i'm not sure people need to pay all that attention to the fiscal cliff. >> well, if you look at what the global stock markets are doing, they suggest that our market would be doing significantly better were it not for the fiscal cliff. now profits have been good. i think people are getting used to the idea they trust corporate ceos more than they trust those that print government bonds that aren't really worth as much by the time they mature. they're also seeing a yield compression around the world. if you look at corporate beyond yields, they're about half of where they were just a year ago.
is stable. post-sandy now reservations have come back from these airlines. there was a lot of worry of cancellations. >> because a lot of families still have not recovered from that. there was a thought that would be a much longer lag. >> bookings have returned to normal. that's key. >> kenny pulkari is here. there's no recipe. >> we might have to do takeout in the herrera household tonight. it's coming, guys, but it probably won't be here until tomorrow. you just have to wait. the market's kind of waiting, too. it's all on washington. i was impressed with yesterday the market was able to hold on to an advance in the face of apple. i think that boded pretty well. >> well, i think that's true but i think apple is a situation and issue unto itself. right? certainly it affects -- you saw what it did to the nasdaq yesterday. but for the broader market i think it does say a lot for the strength of the broader market in terms what have it wants to see. it wants to see the resolution. whether apple goes up or down. if we get a resolution of the fiscal cliff or the sense that we will, i thi
children and six adults in the sandy hook elementary school. >>> georgia police say two little boys were found in texas in their father's custody. a man watching tv coverage of the case recognized them and called police. uma: we have new information on mexico's violent drug cartels. we've known for years these dangerous criminals have been operating in the u.s. but now police are saying they're extending their reach in america's cities and neighborhoods in very alarming ways. adam housley is joining us live from los angeles with more on this story. adam? >> reporter: yeah, oomph marks you might even say viciously violent ways ways that disturb a lot of local police forces here in the southwest. southern california may not be surprise to you, highest concentration of gang members in the country. a report by the fbi says nearly four in 10 u.s. gang members have some ties to drug trafficking organizations based in mexico. that is far more than any other outside group. also this fbi report says that the number of gang members operating in the u.s. shot up 40% in the last year. nearly one in
shooting at sandy hook elementary school not from a victim's family. a survivor actually but could also be called a victim here. they claimed the state is at fault for failing to provide a safe setting. was it foreseeable? do they have a case? our legal panel debates it fair and balanced next hour. >> the white house is prepared to step in today if congress can't get something together to deal with the fiscal cliff deadline just 14 hours away from now. an update from 1600 pennsylvania avenue moments away. >> well, it will be somewhere between 8,000 to $12,000. so i'm not looking forward to that. >> is that more than you expected to go up january 1st. >> even a dollar's more than i can afford, yes. so not good news heather: thousands of first-responders are joining friends and family paying tribute to a hero firefighter gunned down in the line of duty. you're looking live at the scene. this is in webster, new york, where the funeral of getting underway. the 19-year-old volunteer was one of two firefighters shot and killed on christmas eve while responding to a fire set by gunman, william
assault rifles. >>> 8:09. some sandy hook elementariary students and their guests were at the giants' game in new york jade. jade-- yesterday. they lined up on the field and cheered. they did it, they routed philadelphia, 42-7. the eagles announced they fired andy reid and he has company, the bills, kansas city, cleveland have all reportedly fired their coaches this morning. >>> someone in san francisco hit the jackpot when they bought a winning lottery ticket. the holder bought the golden ticket at san bruno market and is one of three people to win the top prize in saturday's fantasy 5 game. the three winners will split the top prize of $545,900. >>> 8:09. a woman accused in a fatal hit- and-run crash in san francisco is expected in court to enter a plea. police say 23-year-old gina eunis was drunk when she hit a group of people walking along the road near twin peaks a few weeks ago. she was knocked down a hillside and was killed. she's being held on $2 million bail. her lawyer says eunice had been studying to become a police officer before that crash. >>> well, thieves targeted a nonprof
in that. and then the medicare fix which is a cut in medicare payments. the sandy flood insurance, emergency supplemental, 60 billion, house hasn't said it will take that up yet. you are right, there's a bunch of other pieces of fruit on the tree that have to be plucked. stuart: may i make a prediction? it is this, you peter barnes will be working until 11:59 this evening. do you think? peter: and happy new year to you too, stuart. [laughter] stuart: i'm serious. i think it is going to go right down to the absolute second. that's what i think. peter barnes, excellent stuff. thank you very much indeed peter. appreciate it. peter: thanks. stuart: president obama vows to make gun control a major issue in the new year. here's the president on meet the press yesterday. >> i've been very clear that, you know, an assault rifle ban, you know, banning these high capacity clips, background checks, there are a set of issues that i have historically supported and will continue to support. >> can you get it done? >> so the question is, are we going to be able to have a national conversation an
fewer than the 171,000 that were added in october. a lot happened last month. superstorm sandy, labor turmoil at hostess and business uncertainty because our elected officials won't get their act together and deal with the fiscal cliff. brace yourself for a job number that could be even lower than the already weak forecast. i hope i am wrong about that. from the cnn money newsroom in new york, i'm ali velshi. that's it from me. same time tomorrow. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're not filming this, are you? aw! camera shy. snapshot from progressive. test-drive snapshot before you switch. visit progressive.com today. plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's health concerns as we age. it has 7 antioxidants to support cell health. one a day men's 50+. it has 7 antioxidants to support cell health. social security are just nu
of things -- what happened to those children was awful. what happened to those people from superstorm sandy was awful. when we bomb and destroy andple's homes and children', it is not a declared war. those people suffered just as much as these people do. the other thing -- we have senators, like mitch mcconnell, and he, his wife, and his in- laws benefit from his position because they are part of a chinese shipping magnate. his wife was secretary of trade under the bush administration. they are using their position to help china, and china is the biggest abortion country in the world. when you throw all this into a big mixture, you cannot blame the gun. host: thank you for the call and comment. a bitter fight had on gun control, according to the washington post. we are following some of the options on what is next. speaker boehner is confronting a political cliff over the budget track is, putting out that the speaker's leadership and legacy remained at stake. they point out that in a show of support, house leader eric cantor. at a news conference with the speaker in a call to extend the tax
is going to try to finish work on a sandy disaster aid supplemental bill which they have been trying to get done for weeks. they are hoping to finish that today and also trying to work on a foreign intelligence surveillance act authorization extension. there's enough on the floor to keep them busy. the question is whether they will have something to vote on may be on christmas eve. on sunday joe lieberman indicated we would all be working new year's eve. we will see that happens. host: merideth shiner, thanks for your time. we appreciate the update on the fiscal cliff. here is "politico" -- a lot of similar headlines in other publications this morning. we want to hear from business owners on the fiscal cliff and if it is affecting your plans for 2013. you can see the numbers on the screen. business owners only. small or large businesses. from the hill newspaper -- that's from the hill newspaper this morning. finally, from "politico" -- our first call this morning, from business owners only, about your views on the fiscal cliff, comes from jim in hot springs national park, arkansas. what kin
agriculture economy." we go to california next, a democratic line, sandy, go ahead. caller: i think the republicans ought to realize it is time they stop playing politics and started governing the nation. they have not done that for over two years. there is nothing to negotiate. obama has laid down the terms. he won over 50% of the vote. the democratic candidates in both houses one over 50% of the people voting. when are the republicans going to deal in reality and joined the main geordie -- join the majority of the american people and start governing this great nation of ours? host: that is a look at the capitol. we expect the house back in as soon as 20 minutes. the senate also should not be out much longer. we are waiting for possible comments from majority leader harry reid and other senators on where things stand on the fiscal cliff negotiations. a proposal was submitted to the democrats last night from senator mcconnell's office. aline on our independent line from tennessee. you are on the air. caller: i like to ask the people governing the senate and congress and everyone els
Search Results 0 to 17 of about 18

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